19 Hrs
Source:
اقتصاد سكاي نيوز عربية
Fed Official Warns of Rate Hike if Inflation Rises
Statements from Federal Reserve Board member Christopher Warner indicated that an interest rate hike in the near future remains possible if inflationary pressures persist. The monetary policy decision will hinge on August inflation data. The market is closely monitoring reports on the Consumer Price Index and the labor market, as inflation stood at 3.7% in July—significantly above the 2% target. Investors anticipate that this will influence the central bank's decision at its upcoming September meeting, where odds of raising or holding rates are converging, amid rumors of divisions within the policy committee.
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